CA Market News
3週前
Why a $35 Million Greenland Rare Earth Deal Just Put One Small-Cap on Every Investor's RadarMay 21, 2026 11:21 AM
PR Newswire (US) Issued on behalf of Greenland Mines Ltd.A Toronto-listed industry leader is handing the keys to one of Greenland's most strategically valuable rare earth projects to a new Nasdaq-listed developer — and staying on as a partner.NEW YORK, May 21, 2026 /PRNewswire/ -- USA NEWS GROUP News Commentary — The rare earth sector just got a fresh jolt of momentum. Rare earth elements — the 17 metals that power EV motors, wind turbines, fighter jets, robots, and just about every advanced electronic device — have become one of the most fought-over commodities on the planet. According to S&P Global, the supply of rare earths remains one of the least diversified among all critical minerals, with China still controlling roughly 61% of global mining and 91% of global refining capacity. [1] That dependence has become a problem for Western governments and manufacturers. Industry analysts at S&P Global expect rare earth supply outside of China to remain tight through 2026 and 2027, especially for the heavy rare earths used in the strongest magnets. [1] This is the backdrop against which a significant Greenland rare earth deal just landed.A Strategic Shift in GreenlandOn May 21, 2026, Neo Performance Materials Inc. (TSX: NEO) (OTCQX: NOPMF) — a Toronto-based maker of rare earth magnets and advanced materials — announced that its subsidiary, together with the other shareholders, have entered into an agreement to transfer the outstanding shares of Neo North Star Resources, Inc. (NNSR) to Greenland Mines Ltd. (NASDAQ: GRML). NNSR holds the exploration license for the Sarfartoq Carbonatite Complex in southwest Greenland — a project rich in neodymium and praseodymium, the two most important rare earths for permanent magnets. [2]The total consideration is US$35 million, made up of US$20 million in cash and US$15 million in shares of Greenland Mines. Neo's wholly-owned subsidiary Neo North Star Holdings Inc. ("NNSH"), together with the other NNSR shareholders, have entered into the agreement to transfer their shares to Greenland Mines. NNSH currently owns 43.69% of NNSR. Just as importantly, Neo is staying involved: it keeps an equity stake in Greenland Mines, and the existing MOU for an offtake agreement covering up to 60% of the ore or mineral concentrate from the Sarfartoq project is unaffected by the transaction. [2]A leading rare earth magnet maker just chose Greenland Mines to take the lead on advancing one of its most strategic upstream assets — and is still planning to be a customer."We wish Greenland Mines every success as they advance this project, while we maintain our commitment as an offtake partner and shareholder," said Rahim Suleman, President and CEO of Neo, in the company's release. "This agreement reflects our disciplined approach to capital allocation." [2]Why Sarfartoq Stands OutSarfartoq is not a brand-new exploration story. Neo originally bought the project from Hudson Resources in 2023 for US$3.5 million, with closing subject to Government of Greenland approval. [3]What makes Sarfartoq attractive is the mix of rare earths in the rock. According to Neo's disclosures, the project hosts a mineral deposit with a high concentration of neodymium and praseodymium — together making up roughly 25% to 40% of total rare earth oxides on the property. [3] These two elements are the main ingredients in the powerful magnets used inside EV motors, wind turbines, and high-efficiency industrial drives.Location is another advantage. Sarfartoq sits about 60 kilometers from the international airport in Kangerlussuaq, has tidewater and major port access, and is close to one of the best hydroelectric power sources in Greenland. [3] That infrastructure access is rare — most undeveloped rare earth projects sit in remote regions with no roads, no power, and no port.Why This Matters for Greenland Mines InvestorsGreenland Mines is a Nasdaq-listed critical minerals developer that came together earlier in 2026 when Klotho Neurosciences (formerly Nasdaq: KLTO) acquired Greenland Mines Corp. and rebranded the combined company. The result is a unique structure with two divisions: a Natural Resources arm focused on Greenland projects, and a Cell and Gene Therapy arm that retained the KLTO-202 ALS program. [4]Until now, the company's flagship asset was the Skaergaard Project in Southeast Greenland — one of the world's largest undeveloped palladium-gold-platinum deposits, with an NI 43-101 Mineral Resource carrying a gross undiscounted in-situ metal value of roughly US$68 billion at February 2026 metal prices, calculated on an illustrative basis and before any technical or economic factors. [4]The Sarfartoq deal adds a second world-class project on the other side of the same country. Greenland Mines is going from a single-asset developer to a multi-asset critical minerals platform covering both precious metals (palladium, gold, platinum) and rare earths (neodymium, praseodymium) in a stable Western-aligned jurisdiction.And the partnership with Neo is the kind of validation that small-cap mineral developer rarely get. Neo is an established, revenue-generating, TSX-listed advanced materials company that posted Q1 2026 revenue of about US$155 million and adjusted EBITDA of US$36.2 million. [5] Having that kind of partner on the cap table — and as a future customer — is a powerful signal for the market.Four Companies Riding the Same TailwindGreenland Mines is far from alone in trying to build a Western alternative to China's grip on rare earths. Here are four other companies investors are watching as money flows back into this space.1. MP Materials Corp. (NYSE: MP)MP Materials owns the only operating rare earth mine in the United States — the Mountain Pass mine in California. The facility produces refined neodymium-praseodymium oxide and is now expanding downstream into rare earth magnets at its Independence facility in Fort Worth, Texas. [6]MP has become a market leader thanks to government backing. The U.S. Department of Defense has taken a ~15% equity stake, secured a 10-year price floor of US$110/kg on MP's neodymium-praseodymium oxide, and signed a 10-year magnet offtake agreement. [6] Analysts expect MP to begin magnet sales from its Texas facility in the second half of 2026, transitioning from a concentrate seller to a finished-magnet manufacturer — a much higher-margin business.2. Critical Metals Corp. (NASDAQ: CRML)Critical Metals operates in Greenland too. In April 2026, the company closed its acquisition of the remaining 50.5% interest in Tanbreez, bringing its total ownership of the southern Greenland rare earth project to 92.5%. [7] Tanbreez is one of the world's largest known deposits of heavy rare earth elements, which includes dysprosium, terbium, and yttrium — the elements with the biggest supply premiums right now.In March 2026, the company's board approved a US$30 million acceleration program to fast-track development, targeting first ore production by late 2028 or early 2029. [8] For investors comparing Greenland-focused rare earth plays, CRML is the most direct geographic comparable to Greenland Mines.3. Aclara Resources Inc. (TSX: ARA)Aclara is taking a different angle on the rare earth opportunity. The company has ionic-clay rare earth projects in Brazil and Chile, and in October 2025 announced plans for a US$277 million heavy rare earth separation facility in Louisiana. [9] Aclara, which is majority-owned by the Hochschild Group, says the Louisiana plant could supply more than three-quarters of U.S. dysprosium and terbium demand by 2028.4. Mkango Resources Ltd. (AIM: MKA) (OTC: MKNGF)Mkango is advancing the Songwe Hill rare earth project in Malawi and is also building rare earth separation and recycling capacity in the United Kingdom and Poland. Its dual upstream-downstream strategy aims to deliver European-processed rare earth oxides to Western magnet makers — a strategy that lines up with what Neo Performance Materials is doing in Estonia.The Bottom LineThe rare earth investment thesis has not been this strong in years. China still dominates the supply chain. Demand from EVs, wind turbines, defense systems, and AI data centers is climbing. Western governments are putting serious money behind anyone building a domestic alternative.Against that backdrop, Greenland Mines Ltd. (NASDAQ: GRML) just landed one of the most strategic rare earth deals in the small-cap space — with a credible TSX-listed partner that is also a future customer, on a project with infrastructure access most peers can only dream about, in a Western-aligned jurisdiction. For investors looking for rare earth supply chain exposure without buying the largest, most expensive names, this is the kind of catalyst that can put a small-cap on the institutional radar fast.For more information on Greenland Mines Ltd., visit: https://usanewsgroup.com/grml-landingContact
USA News Group
info @therooster-2873Sources:[1] https://www.spglobal.com/energy/en/news-research/latest-news/metals/012726-rare-earth-supply-bottlenecks-set-to-persist-in-2026[2] https://www.neomaterials.com/[3] https://www.newswire.ca/news-releases/neo-performance-materials-and-hudson-resources-advance-the-greenland-sarfartoq-rare-earth-project-after-receiving-government-approval-for-license-transfer-869897272.html[4] https://www.sec.gov/Archives/edgar/data/0001907223/000121390026056356/ea029073801ex99-1.htm[5] https://www.streetwisereports.com/article/2026/05/13/rare-earth-co-delivers-high-growth-q1-financial-surge.html[6] https://www.fool.com/investing/2026/05/12/the-best-rare-earth-stock-to-buy-and-hold-for-the/[7] https://www.sec.gov/Archives/edgar/data/0001951089/000121390026050961/ea028876501ex99-1.htm[8] https://www.criticalmetalscorp.com/critical-metals-corp-accelerates-the-development-of-the-tanbreez-project-with-an-immediate-30-million-strategic-program-to-advance-one-of-the-worlds-largest-ree-deposits-towards-production/[9] https://www.mining.com/aclara-jumps-on-us-rare-earth-plant-plan/DISCLAIMER / DISCLOSURE:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed for World Street Intelligence on behalf of Creative Direct Marketing Group ("CDMG") by Market IQ Media Group Inc. ("MIQ"). Regarding this publication, MIQ has been paid a fee for Greenland Mines, Inc. advertising and digital media from Creative Digital Media Group ("CDMG"). There may be 3rd parties who may have shares of Greenland Mines, Inc., and may liquidate their shares which could have a negative effect on the price of the stock. The owner/operator of MIQ does not currently own shares of Greenland Mines, Inc. but reserves the right to buy and sell, and will buy and sell shares of Greenland Mines, Inc. at any time without any further notice commencing immediately and ongoing. This potential for trading constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this, individuals are strongly encouraged to not use this publication as the basis for any investment decision. Please let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been reviewed and approved on behalf of Greenland Mines, Inc. by CDMG.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.CAUTIONARY NOTE REGARDING MINERAL RESOURCES:The Mineral Resource Estimates referenced in this article were prepared in accordance with NI 43-101 by SLR Consulting as disclosed in the technical report dated November 22, 2022. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The gross undiscounted in-situ metal values expressed herein are illustrative calculations using February 2026 metal prices and do not account for mining recoveries, metallurgical losses, capital costs, operating costs, royalties, taxes, permitting requirements, or any other technical or economic factors. These values are not indicative of future revenue, project economics or net present value. No preliminary economic assessment, pre-feasibility study, or feasibility study has been completed on the Skaergaard Project, and there is no certainty that the Mineral Resources disclosed will be converted to Mineral Reserves or that an economically viable mining operation can be established.FORWARD-LOOKING STATEMENTS:This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward-looking statements in this publication include that demand for platinum group metals and critical minerals will continue to grow and tighten; that Greenland Mines Ltd's Skaergaard Project will advance through its planned technical, metallurgical, and environmental work programs as described; that the Company's engagements with SLR Consulting, GTK Mintec, and WSP will proceed as planned; that the Iceland LOI will progress toward a binding agreement with the cost and savings characteristics described; that comparable companies will perform as expected. The forward-looking information contained herein is provided for the purpose of assisting the reader to understand the Company's business, however such information may not be appropriate for other purposes. Risks that could change or prevent these statements from coming to fruition include changing governmental laws and policies; permitting risks; the Company's ability to obtain and retain necessary licensing; political and competitive risks; failure of forecasts and assumptions to come to fruition; metal price volatility; the inherent uncertainty of mineral resource estimates; and other unforeseen circumstances. The publisher of this article does not take responsibility for the accuracy of any statements made by the issuing company or its representatives. Readers are cautioned not to place undue reliance on these forward-looking statements, and the publisher undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.Logo: https://mma.prnewswire.com/media/2838876/5907682/USA_News_Group_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/why-a-35-million-greenland-rare-earth-deal-just-put-one-small-cap-on-every-investors-radar-302777575.htmlSOURCE USA News Group Original: Why a $35 Million Greenland Rare Earth Deal Just Put One Small-Cap on Every Investor's Radar
CA Market News
1月前
ACLARA ANNOUNCES CLOSING OF TRANCHE 2 AND COMPLETION OF US$50M PRIVATE PLACEMENTMay 13, 2026 7:00 AM
PR Newswire (Canada) /NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/TORONTO, May 13, 2026 /CNW/ - Aclara Resources Inc. ("Aclara" or the "Company") (TSX: ARA) is pleased to announce the closing yesterday of the second tranche ("Tranche 2") of its previously announced non-brokered private placement financing pursuant to which CAP S.A. ("CAP"), Hochschild Mining Holdings Limited ("Hochschild") and New Hartsdale Capital Inc. ("New Hartsdale") subscribed for an aggregate of 4,136,851 common shares of the Company (the "Common Shares") for aggregate gross proceeds of US$8,541,725.03 (the "Tranche 2 Closing") at a price of C$2.83 per share. With the Tranche 2 Closing, the Company has now completed its previously announced non-brokered private placement of up to 24,215,548 Common Shares for aggregate gross proceeds of US$50,000,000.61 (the "Private Placement"), which was completed in two tranches, with the first tranche having closed on April 1, 2026. As a result of the Tranche 2 Closing, the total number of issued and outstanding Common Shares of the Company increased from 242,440,446 to 246,577,297. Additionally, each of CAP, Hochschild and New Hartsdale now respectively hold 31,849,363, 47,630,213 and 90,027,095 Common Shares representing approximately 12.92%, 19.32% and 36.52% of the issued and outstanding Common Shares of the Company. Tranche 2 of the Private Placement was approved by shareholders on a disinterested basis at the annual general and special meeting of shareholders of the Company held on May 7, 2026.The Common Shares issued under the Tranche 2 Closing are subject to a four month and one day hold period expiring on September 13, 2026, pursuant to applicable securities laws in Canada.This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.About AclaraAclara Resources Inc. (TSX: ARA), a Toronto Stock Exchange listed company, is focused on building a vertically integrated supply chain for rare earths alloys used in permanent magnets. This strategy is supported by Aclara's development of rare earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths, providing the Company with a long-term, reliable source of these critical materials. The Company's rare earth mineral resource development projects include the Carina Project in the State of Goiás, Brazil as its flagship project and the Penco Module in the Biobío Region of Chile. Both projects feature Aclara's patented technology named Circular Mineral Harvesting, which offers a sustainable and energy-efficient extraction process for rare earths from ionic clay deposits. The Circular Mineral Harvesting process has been designed to minimize the water consumption and overall environmental impact through recycling and circular economy principles. Through its wholly-owned subsidiary, Aclara Technologies Inc., the Company is further enhancing its product value by developing a rare earths separation plant in the United States. This facility will process mixed rare earth carbonates sourced from Aclara's mineral resource projects, separating them into pure individual rare earth oxides. Additionally, Aclara through a joint venture with CAP, is advancing its alloy-making capabilities to convert these refined oxides into the alloys needed for fabricating permanent magnets. This joint venture leverages CAP's extensive expertise in metal refining and special ferro-alloyed steels. Beyond the Carina Project and the Penco Module, Aclara is committed to expanding its mineral resource portfolio by exploring greenfield opportunities and further developing projects within its existing concessions in Brazil, Chile, and Perú, aiming to increase future production of heavy rare earths.Forward-Looking StatementsThis press release contains "forward-looking information" within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events, including statements with regard to, among other things, the Company's business plans and strategy. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Please refer to the risk factors discussed under "Risk Factors" in the Company's annual information form dated as of March 18, 2026, filed on the Company's SEDAR+ profile. Actual results and timing could differ materially from those projected herein. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release and the Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.SOURCE Aclara Resources Inc. Original: ACLARA ANNOUNCES CLOSING OF TRANCHE 2 AND COMPLETION OF US$50M PRIVATE PLACEMENT
CA Market News
1月前
ACLARA REPORTS ON VOTING RESULTS FROM THE 2026 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERSMay 7, 2026 10:45 PM
PR Newswire (Canada) TORONTO, May 7, 2026 /CNW/ - The Annual General and Special Meeting of Shareholders (the "Meeting") of Aclara Resources Inc. ("Aclara" or the "Company") (TSX: ARA) was held today via online webcast. Each of the matters voted upon at the Meeting is discussed in detail in the Company's management information circular dated April 6, 2026 (the "Circular"), which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca. The total number of votes cast by shareholders of the Company in person and by proxy at the Meeting was 50 votes, representing 80.29%. Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes. These matters included the election of directors and the appointment of the auditor. The voting results are detailed below:1. Election of DirectorsName of Nominee
Votes FOR
%
Votes WITHHELD
%Eduardo Hochschild
161,686,461
96.57
5,739,832
3.43
Ramon Barua
164,635,378
98.33
2,790,915
1.67
Paul Adams
164,438,558
98.22
2,987,735
1.78
Eduardo Landin
161,688,684
96.57
5,737,609
3.43
Catharine Farrow
164,260,911
98.11
3,165,382
1.89
Maria Recart
164,434,761
98.21
2,991,532
1.79
Sanjay Sarma
164,433,751
98.21
2,992,542
1.79
Nicolás Hochschild
161,614,091
96.53
5,812,202
3.47
Juan Enrique Rassmuss
161,611,958
96.53
5,814,335
3.47
Jorge Born
161,614,898
96.53
5,811,395
3.47
2. Appointment of Auditor
Name of Auditor
Votes FOR
%
Votes WITHHELD
%EY Servicios Profesionales
de Auditoría y Asesorías SpA
178,175,160
99.79
368,325
0.213. Renewal of the Omnibus Long-Term Incentive PlanRenewal of LTIP Resolution
Votes FOR
%
Votes AGAINST
%
164,528,813
98.27
2,897,479
1.734. Approval Share IssuanceApproval of Share Issuance Resolution
Votes FOR
%
Votes AGAINST
%
17,189,540
83.97
3,280,453
16.03The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on SEDAR+ at www.sedarplus.ca.About AclaraAclara Resources Inc. (TSX: ARA), a Toronto Stock Exchange listed company, is focused on building a vertically integrated supply chain for rare earths alloys used in permanent magnets. This strategy is supported by Aclara's development of rare earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths, providing the Company with a long-term, reliable source of these critical materials. The Company's rare earth mineral resource development projects include the Carina Project in the State of Goiás, Brazil as its flagship project and the Penco Module in the Bio-Bio Region of Chile. Both projects feature Aclara's patented technology named Circular Mineral Harvesting, which offers a sustainable and energy-efficient extraction process for rare earths from ionic clay deposits. The Circular Mineral Harvesting process has been designed to minimize the water consumption and overall environmental impact through recycling and circular economy principles. Through its wholly-owned subsidiary, Aclara Technologies Inc., the Company is further enhancing its product value by developing a rare earths separation plant in the United States. This facility will process mixed rare earth carbonates sourced from Aclara's mineral resource projects, separating them into pure individual rare earth oxides. Additionally, Aclara through a joint venture with CAP S.A., is advancing its alloy-making capabilities to convert these refined oxides into the alloys needed for fabricating permanent magnets. This joint venture leverages CAP's extensive expertise in metal refining and special ferro-alloyed steels. Beyond the Carina Project and the Penco Module, Aclara is committed to expanding its mineral resource portfolio by exploring greenfield opportunities and further developing projects within its existing concessions in Brazil, Chile, and Peru, aiming to increase future production of heavy rare earths.SOURCE Aclara Resources Inc. Original: ACLARA REPORTS ON VOTING RESULTS FROM THE 2026 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS
CA Market News
2月前
ACLARA ANNOUNCES CLOSING OF TRANCHE 1 OF PRIVATE PLACEMENTApril 2, 2026 7:45 AM
PR Newswire (Canada)
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/TORONTO, April 2, 2026 /CNW/ - Aclara Resources Inc. ("Aclara" or the "Company") (TSX: ARA) is pleased to announce the closing yesterday of the first tranche ("Tranche 1") of its non-brokered private placement financing pursuant to which CAP S.A. ("CAP"), Hochschild Mining Holdings Limited ("Hochschild") and New Hartsdale Capital Inc. ("New Hartsdale") subscribed for 20,078,697 common shares of the Company (the "Common Shares") for aggregate gross proceeds of US$41,458,276 (the "Tranche 1 Closing") at a price of C$2.83 per share. Tranche 1 forms part of the Company's previously announced non-brokered private placement of up to 24,215,548 Common Shares for aggregate gross proceeds of US$50,000,001 (the "Private Placement"), which will be completed in two tranches. As a result of the Tranche 1 Closing, the total number of issued and outstanding Common Shares of the Company increased from 222,361,749 to 242,440,446. Additionally, each of CAP, Hochschild and New Hartsdale now respectively hold 30,194,622, 46,802,843 and 88,372,355 Common Shares representing approximately 12.45%, 19.30% and 36.45% of the issued and outstanding Common Shares of the Company.The Common Shares issued under the Tranche 1 Closing are subject to a four month and one day hold period expiring on August 2, 2026, pursuant to applicable securities laws in Canada.The closing of the second tranche of the Private Placement, which is expected to take place on or about May 12, 2026, is subject to receipt of disinterested shareholder approval and other customary closing conditions and the Private Placement remains subject to the final approval of the Toronto Stock Exchange.This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.About AclaraAclara Resources Inc. (TSX: ARA), a Toronto Stock Exchange listed company, is focused on building a vertically integrated supply chain for rare earths alloys used in permanent magnets. This strategy is supported by Aclara's development of rare earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths, providing the Company with a long-term, reliable source of these critical materials. The Company's rare earth mineral resource development projects include the Carina Project in the State of Goiás, Brazil as its flagship project and the Penco Module in the Biobío Region of Chile. Both projects feature Aclara's patented technology named Circular Mineral Harvesting, which offers a sustainable and energy-efficient extraction process for rare earths from ionic clay deposits. The Circular Mineral Harvesting process has been designed to minimize the water consumption and overall environmental impact through recycling and circular economy principles. Through its wholly-owned subsidiary, Aclara Technologies Inc., the Company is further enhancing its product value by developing a rare earths separation plant in the United States. This facility will process mixed rare earth carbonates sourced from Aclara's mineral resource projects, separating them into pure individual rare earth oxides. Additionally, Aclara through a joint venture with CAP, is advancing its alloy-making capabilities to convert these refined oxides into the alloys needed for fabricating permanent magnets. This joint venture leverages CAP's extensive expertise in metal refining and special ferro-alloyed steels. Beyond the Carina Project and the Penco Module, Aclara is committed to expanding its mineral resource portfolio by exploring greenfield opportunities and further developing projects within its existing concessions in Brazil, Chile, and Perú, aiming to increase future production of heavy rare earths.Forward-Looking StatementsThis press release contains "forward-looking information" within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events, including statements with regard to, among other things, the successful completion of the Private Placement (including obtaining all required approvals) and the timing of the closing of the Private Placement. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Please refer to the risk factors discussed under "Risk Factors" in the Company's annual information form dated as of March 18, 2026, filed on the Company's SEDAR+ profile. Actual results and timing could differ materially from those projected herein. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release and the Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.SOURCE Aclara Resources Inc.
Original: ACLARA ANNOUNCES CLOSING OF TRANCHE 1 OF PRIVATE PLACEMENT
CA Market News
2月前
Aclara Submits Final Addendum to the Penco Module Environmental Impact AssessmentApril 1, 2026 7:00 AM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / April 1, 2026 / Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce that it has formally submitted the Extraordinary Addendum ("Addendum 3") to the Environmental Assessment Service (the "SEA") of Chile, as part of the final stage of the environmental evaluation process for the Penco Module Project (the "EIA 1"). Addendum 3 delivers comprehensive and robust responses to the final round of observations raised during the technical assessment, reinforcing the Penco Module's commitment to the highest environmental and social standards.José Augusto Palma, Aclara's Executive Vice President, commented: "As we reach this final stage of the permitting process, we are proud of the progress achieved and excited about what lies ahead for the Penco Module. The submission of this Exceptional Addendum reflects the rigor of our technical work and our deep commitment to the communities and environment around us.The Penco Module is a key project that will produce significant quantities of heavy rare earths, which are critical to enabling a more diversified and cleaner global supply chain for these scarce elements. We are advancing a project that upholds the highest environmental standards and has the potential to deliver long-term value for the Biobío Region and Chile".Addendum 3 provides detailed responses and updated studies across key environmental dimensions, including refined engineering designs, enhanced environmental analyses, and a section outlining adaptive measures in response to the wildfires that affected the project area in January of this year. Together, these updates strengthen the technical foundation of the Penco Module and reflect Aclara's proactive and responsible approach to continuous improvement in environmental management.About AclaraAclara Resources Inc. (TSX:ARA), a Toronto Stock Exchange listed company, is focused on building a vertically integrated supply chain for rare earths alloys used in permanent magnets. This strategy is supported by Aclara's development of rare earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths, providing the Company with a long-term, reliable source of these critical materials. The Company's rare earth mineral resource development projects include the Carina Project in the State of Goiás, Brazil as its flagship project and the Penco Module in the Biobío Region of Chile. Both projects feature Aclara's patented technology named Circular Mineral Harvesting, which offers a sustainable and energy-efficient extraction process for rare earths from ionic clay deposits. The Circular Mineral Harvesting process has been designed to minimize the water consumption and overall environmental impact through recycling and circular economy principles. Through its wholly-owned subsidiary, Aclara Technologies Inc., the Company is further enhancing its product value by developing a rare earths separation plant in the United States. This facility will process mixed rare earth carbonates sourced from Aclara's mineral resource projects, separating them into pure individual rare earth oxides. Additionally, Aclara through a joint venture with CAP, is advancing its alloy-making capabilities to convert these refined oxides into the alloys needed for fabricating permanent magnets. This joint venture leverages CAP's extensive expertise in metal refining and special ferro-alloyed steels. Beyond the Carina Project and the Penco Module, Aclara is committed to expanding its mineral resource portfolio by exploring greenfield opportunities and further developing projects within its existing concessions in Brazil, and Chile, aiming to increase future production of heavy rare earths.Forward-Looking StatementsThis press release contains "forward-looking information" within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events, including statements with regard to the permitting process of the Penco Module. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to risks related to operating in a foreign jurisdiction, including political and economic problems in Chile and Brazil; risks related to changes to mining and environmental laws and regulations and the termination or non-renewal of mining rights by governmental authorities; risks related to failure to comply with the law or obtain necessary permits and licenses or renew them; compliance with environmental regulations can be costly; dependence on relations and agreements with local communities; actual production, capital and operating costs may be different than those anticipated; the Company may not be able to successfully complete the development, construction and start-up of mines and new development projects; risks related to fluctuation in commodity prices; risks related to mining operations; and dependence on the Penco Module and/or the Carina Project. Aclara cautions that the foregoing list of factors is not exhaustive. For a detailed discussion of the foregoing factors, among others, please refer to the risk factors discussed under "Risk Factors" in the Company's annual information form dated as of March 18, 2026, filed on the Company's SEDAR+ profile. Actual results and timing could differ materially from those projected herein. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release and the Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. For further information, please contact:Ramon Barúa
Chief Executive Officer
investorrelations@aclara-re.comSOURCE: Aclara Resources Inc.View the original press release on ACCESS NewswireOriginal: Aclara Submits Final Addendum to the Penco Module Environmental Impact Assessment
CA Market News
3月前
CAP S.A. Announces Subscription for Shares of Aclara Resources Inc.March 19, 2026 3:26 PM
PR Newswire (Canada)
SANTIAGO, Chile, March 19, 2026 /CNW/ - CAP S.A. (SSE: CAP) ("CAP") has entered into a subscription agreement (the "Agreement") with Aclara Resources Inc. ("Aclara"), a Toronto Stock Exchange ("TSX") listed issuer pursuant to which CAP has agreed to purchase 9,686,220 common shares of Aclara (the "Shares") at a purchase price of C$2.83 per Share, being US$20,000,001.89 in the aggregate. Completion of the subscription is subject to customary conditions precedent, including approval by Aclara's shareholders and the TSX. Aclara intends to seek shareholder approval at it annual general and special meeting to be held on May 7, 2026. Completion will occur in two tranches, the first tranche (as to 8,031,479 Shares) is anticipated to close on or around March 31, 2026 and the second tranche (as to 1,654,741 Shares) is anticipated to close on or around May 12, 2026, following the Issuer's shareholder meeting (assuming approval of the Issuer's shareholders). Upon completion of the subscription CAP will hold 31,849,363 Shares, being approximately 12.92% of the issued and outstanding Shares (calculated on a non-diluted basis). CAP presently holds 22,163,143 Shares, being approximately 10.07% of the issued and outstanding Shares, calculated on a non-diluted basis. CAP is a Chilean publicly traded company and one of the most significant mining-industrial conglomerates in that country. Through its operating subsidiaries, it has a presence throughout Chile and operates in critical sectors of the economy, carrying out activities in three major segments: mining, industrial, and infrastructure.CAP also has an international footprint, with operations in Argentina and Peru, and its products are distributed across various regions, reaching markets in the Americas, Asia, and Oceania.The acquisition of the Shares falls within the framework of the alliance established between the two companies in March 2024. Under this agreement, the Chilean company committed to entering the production of rare earth elements and value-added products in Chile, as well as securing the right to subscribe for up to a 19.9% ownership interest in Aclara.This transaction represents a tangible step forward in CAP's 2030 Strategy, which aims to position the company as a leader in the field of critical materials for decarbonization efforts.Pursuant to an investor rights agreement to be entered concurrently with the closing of the issuance of the Shares, CAP will be entitled to appoint one individual to Aclara's board of directors. CAP has acquired the Shares for investment purposes. CAP may from time to time in the future increase or decrease its direct or indirect ownership, control or direction over Shares through market transactions, private agreements, subscriptions from treasury or otherwise or may in the future and may develop plans or intentions relating (a) the acquisition or disposition of additional securities of Aclara; (b) a corporate transaction, such as a merger, reorganization or liquidation, involving Aclara or its subsidiaries; (c) a sale or transfer of a material amount of the Aclara's assets or the assets of its subsidiaries; (d) a change in the board of directors or management of the Aclara, including any plans or intentions to change the number or term of directors or to fill any existing vacancy on Aclara's board; (e) a material change in the present capitalization or dividend policy of Aclara; (f) a material change in Aclara's business or corporate structure; (g) a change in Aclara's bylaws or another action which might impede the acquisition of control of Aclara; (h) the delisting of Aclara's common shares; (i) Aclara ceasing to be a reporting issuer; (j) a solicitation of proxies from securityholders; or (k) any action similar to any of those enumerated above.Forward-Looking InformationThis news release contains certain forward looking statements which involve known and unknown factors not under CAP's control which may cause events to be materially different from the events implied by these forward looking statements. Certain statements set out in this News Release constitute forward-looking statements. Forward-looking statements (i) are often, but not always, identified by the use of words such as "plans", "intentions" or similar expressions.Forward-looking statements reflect the expectations of CAP's management regarding its investment in Aclara, including anticipated shareholder and regulatory approval of the private placement and purchase of the Shares, and management's intentions regarding the matters set out above. Such statements are subject to assumptions and risks regarding these matters include the requisite shareholder approval not being obtained and the issue of the Shares not being approved, or being subject to conditions imposed, by the TSX as well as completion of the conditions to closing set out in the Agreement. No assurance can be given that any of the events anticipated by the forward-looking statements will occur. The reader is cautioned not to place undue reliance of any forward looking statements. Such information, although considered reasonable by CAP's management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release. CAP disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.SOURCE CAP S.A.
Original: CAP S.A. Announces Subscription for Shares of Aclara Resources Inc.